Cybersecurity

DDoS Barrage Hits Monobank, Ukraine’s Largest Mobile Bank, in Unprecedented Attack

Monobank, Ukraine’s largest mobile-only bank, faced a barrage of denial of service (DDoS) attacks on January 21, crippling its operations and causing widespread disruption. Co-founder and CEO Oleh Horokhovskyi took to Telegram to confirm the Monobank cyberattack, revealing that the bank was targeted with a staggering 580 million service requests in one of the attacks. […]

Cybersecurity

Essential DDoS statistics for understanding attack impact – Help Net Security

The impact of DDoS attacks extends far beyond mere inconvenience, as they can result in financial losses, compromised data, and erosion of customer trust. Understanding the nature and consequences of DDoS activity is essential for organizations and individuals alike as they strive to protect their online presence and ensure the uninterrupted flow of critical services. […]

Cybersecurity

Researcher Reveals New Techniques to Bypass Cloudflare’s Firewall and DDoS Protection

Firewall and distributed denial-of-service (DDoS) attack prevention mechanisms in Cloudflare can be circumvented by exploiting gaps in cross-tenant security controls, defeating the very purpose of these safeguards, it has emerged. “Attackers can utilize their own Cloudflare accounts to abuse the per-design trust-relationship between Cloudflare and the customers’ websites, rendering the protection mechanism ineffective,” Certitude researcher […]

Cybersecurity

Logic Flaws Let Attackers Bypass Cloudflare’s Firewall and DDoS Protection

The effectiveness of Cloudflare’s Firewall and DDoS prevention has been proven to be compromised by an attack technique that takes the use of logical vulnerabilities in cross-tenant security policies. This finding has sparked worries about possible vulnerabilities that could damage the security company’s clients. How Does the Cloudflare Attack Work? The attack only requires the creation […]

Cybersecurity

Massive DDoS attack on U.S. financial company thwarted by cyber firm

A cybersecurity company claims it identified and thwarted a massive distributed denial-of-service (DDoS) attack targeting a prominent American financial institution. The researchers at Akamai Technologies did not reveal the company’s name but said it is among their “largest and most influential” customers in the financial sector. DDoS attacks overwhelm websites with a flood of traffic, […]